ZIP Code · MI

ZIP 48207

Part of Detroit, MI

Pop. 20,848·Wayne County·90th most expensive ZIP in Michigan

Median rent (all units)

$1,439/mo

Year-over-Year

+4.3%

Month-over-Month

+0.4%

vs US Median

-$493

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 48207 · $1,439

More affordable than 77% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$950

1 BR

$1,060

2 BR

$1,330

3 BR

$1,620

4 BR+

$1,760

Research median

$1,330/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 48207 is at its highest level since Zillow's records here began in January 2022.

Past year vs. the rest of Michigan

Rent in ZIP 48207 changed +4.3% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($47,831) is $1,196 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,060); a 2-bedroom is $1,330.

Rank in Detroit

15th cheapest of 18 ZIP codes in Detroit.

Cheaper nearby

ZIP 48214, 2 miles away, rents for 23% less ($1,114/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48207. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,268/yr

At $1,439/mo median

Location

CityDetroit

StateMI

CountyWayne County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.3% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 48207 (Detroit, MI) is majority renter-occupied, has a large retiree population, has a median income below the national average, 37.3% of residents hold a bachelor's degree or higher.

Population

20,848

Median income

$47,831

Median age

Renters

74.2%

Age distribution

13.9%

27.2%

22.6%

13%

23.3%

Under 1813.9%

18–3427.2%

35–5422.6%

55–6413%

65+23.3%

Gender

45.5%

54.5%

Male45.5%

Female54.5%

Race & ethnicity

17.7%

74.2%

White17.7%

Black74.2%

Hispanic1.9%

Asian2.8%

Other3.4%

Education (25+)

22.8%

28.9%

37.3%

No HS diploma11.1%

HS diploma22.8%

Some college28.9%

Bachelor's+37.3%

Housing tenure

25.8%

74.2%

Owner25.8%

Renter74.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 48207 in Detroit, MI has changed in 5 years

Rent

$1,293 → $1,439

up 11.3%

Income

$37,139 → $47,831

up 28.8%

Population

20,142 → 20,848

up 3.5%

Renter share

73.8% → 74.2%

+0.4 pts

Bachelor's+

33.3% → 37.3%

+4.0 pts

Median age

43.2 → 40

-3.2 yrs

Compared with 2022, rent in ZIP 48207 in Detroit, MI has climbed by $146 per month, settling near $1,439 after starting the period at $1,293. Local incomes tracked alongside that move, going from a median of $37,139 in 2021 to $47,831 more recently. Income growth outran rent by about 17.5 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 20,142 to 20,848 between 2021 and 2024, a 3.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 33.3% to 37.3%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 48207 in Detroit, MI market of 2022.

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About renting in ZIP 48207

Last updated: October 17, 2026

ZIP code 48207 covers Detroit, MI. The median rent here is $1,439/mo as of October 2026. A 1-bedroom rents for a median of $1,060/mo. A 2-bedroom rents for a median of $1,330/mo.

At 36% of local median household income ($47,831/yr), ZIP 48207 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48207?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,439/mo in ZIP 48207. The local median household income is $47,831/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 48207?

Rent in ZIP 48207 has risen 4.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2022.

How does ZIP 48207 compare to other ZIPs in Michigan?

ZIP 48207 is in the middle among Michigan ZIP codes for rent, ranking #90 of 168 at $1,439/mo. Over the year to September 2026, rent in ZIP 48207 changed +4.3%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.